Remove 2007 Remove Competition Remove Examples Remove Technical Review
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How to Spot Your Innovation Blind Spot

Phil McKinney

For example, while driving, there are areas around your car that you cannot see, whether it's on the sides or behind the car. Confirmation bias, for example, can lead us to favor information that confirms our existing beliefs or ideas, leading us to overlook or ignore potentially innovative ideas that challenge our current view.

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The Importance of Prioritizing Employee Well-Being and Psychological Safety

Business and Tech

Well-being isn’t just a perk, it’s a competitive advantage. My turning point came in 2007, when I collapsed from exhaustion and broke my cheekbone. Turning culture into a competitive advantage is a pretty complicated topic. What was the turning point that made you realize your workplace burnout was beyond the point of comfort?

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How to Keep Innovating in an Economic Downturn

Innov8rs

We’ll also provide a series of practical tips and examples that can help address the changes, embrace new opportunities, and navigate these challenging times. Competitive Advantage In all circumstances, leaders will and should have strategic priorities on top of their minds. So, without further ado, let’s get to it.

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The Role of Innovation in New Product Development: Three Approaches for Success

Qmarkets

Crowdsourcing allows businesses to target internal and external participants to share their ideas and suggestions via questionnaires, competitions, promotions, and other methods. If an idea gains 10,000 supporters (or votes) from other members, it is considered for production in a ‘Lego Review’.

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PLAYING IT SAFE IS THE MOST DANGEROUS THING YOU CAN DO

Innovation 360 Group

Companies disappear all the time without a word, due to changing cultural values, changing technology, or changing audience demographics. It wasn’t the tech startups alone that brought them down. At the heart of it all was a lack of attention to how customers’ lives had changed into a faster, more tech-savvy world.

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Ideate or Deteriorate – Why Companies Must Learn How To Be Innovative to Achieve Major Growth

Qmarkets

This blog will analyse two well-known examples which should help to provide a definitive answer to this burning question Yahoo . The only difference is that WhatsApp was first to capitalise on the innovative capabilities that were being offered by mobile devices, despite possessing categorically inferior technology and resources.

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How to create a scalable strategy in the midst of the COVID-19 crisis

mjvinnovation

Even before the pandemic, entrepreneurs already had a difficult time remaining relevant in an increasingly competitive market. Let’s take a look at a practical example. Due to the fact that they could not function during quarantine, physical stores had to adapt quickly to survive. The only viable option was e-commerce.